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Re: RyanEOD post# 100844

Wednesday, 04/14/2010 5:03:46 PM

Wednesday, April 14, 2010 5:03:46 PM

Post# of 289430
A good trader understands and adheres to risk vs. reward (and I'm not talking about a board member) strategy. This way, loss is minimized and the principle is protected if the share price falls beyond your risk level.

A bad way to trade is to keep throwing money into a declining share price. Telling others to average down using such a strategy is simply bad advice.


Corporation: An ingenious device for obtaining profit without individual responsibility.
--Ambrose Bierce

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